Val Verde Hospital Corporation

Organization Overview

Val Verde Hospital Corporation, operating under the name Val Verde Regional Medical Center, is located in Del Rio, TX. The organization was established in 2000. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Val Verde Regional Medical Center employed 729 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Val Verde Regional Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Val Verde Regional Medical Center generated $78.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $82.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE LIVE TO DELIVER HEALTHCARE OUR COMMUNITY CAN TRUST.

Describe the Organization's Program Activity:

RADIOLOGY: PROVIDED PERSONNEL, SUPPLIES, FACILITIES AND EQUIPMENT FOR 9,702 CT PROCEDURES, 2,327 MRI PROCEDURES, 335 NUCLEUR MED PROCEDURES, 18,838 RADIOLOGY PROCEDURES, 7,338 ULTRASOUND PROCEDURES, 2,750 MAMMOGRAMS, 1,591 INTERVENTIONAL RADIOLOGY PROCEDURES, 1,765 DIAGNOSTIC IMAGING PROCEDURES.


LABORATORY SERVICES: PROVIDED PERSONNEL, SUPPLIES, FACILITIES AND EQUIPMENT FOR 249,859 DIAGNOSTIC TESTS.


EMERGENCY ROOM: PROVIDED PERSONNEL, SUPPLIES, FACILITIES AND EQUIPMENT FOR 24,052 VISITS.


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Board, Officers & Key Employees

Name (title)Compensation
Michele Di Blasi
Physician
$692,674
Terry M Lindsey
Chief Of Staff
$578,445
Kenneth P Moore
Physician
$550,802
Ira L Floyd
Physician
$505,797
David Hernandez
Physician
$480,150
Mark G Manning
Physician
$452,031

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Victoria Emergency Partners Llc
Physician Fees
$1,289,640
Fisher Scientific Company Llc
Scientific Tech Svs
$555,947
Zadorozny Anesthesia Svcs Inc
Anesthesia Services
$387,616
Cloudmed
Revenue Tech Svcs
$373,094
Dlc Wellness
Physician Services
$551,875
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,574,016
Government grants $2,938,459
All other contributions, gifts, grants, and similar amounts not included above$185,470
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,697,945
Total Program Service Revenue$72,158,337
Investment income $34,989
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$17,969
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $78,467,797

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Val Verde Hospital Corporation has recieved totaling $20,000.

Awarding OrganizationAmount
Union Pacific Foundation

Omaha, NE

PURPOSE: HEALTH AND WELLNESS

$20,000
View Grant Recipient Profile

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